Subsequent Events |
9 Months Ended |
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Sep. 30, 2019 | |
| Subsequent Events | |
| Subsequent Events |
13. Subsequent Events
The Company has evaluated subsequent events for the potential recognition or disclosure through January [__] 2020, the date the financial statements were available to be issued, and has determined that the following matter should be disclosed in the accompanying condensed financial statements. On November 6, 2019 and pursuant to the Stock Purchase Agreement, the Company issued an additional 49,230,497 shares of its common stock, par value $0.001 per share, in a private placement offering to accredited investors valued at $0.014 per share and raised $560,000. Proceeds from this offering are expected to be used for working capital and general business operations. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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